Firm

Dune Real Estate Partners LP is a
New York City-based real estate investment firm currently executing
an opportunistic strategy focused on distressed, deep value-add and
contrarian investing, primarily in the United States. The
firm's sole focus is on assembling and managing a diversified
portfolio of real estate investments, balanced by region, sector
and risk profile. Dune manages the Dune Real Estate Funds which
were launched by Mr. Daniel M. Neidich in 2005 and have raised $2.5
billion of equity capital.

Dune was founded with the vision of
bringing together a collaborative team of experienced real estate
professionals dedicated to creating a portfolio of profitable
investments through the execution of an opportunistic strategy.
The firm was founded and operates on four principal
tenets:

A team of Partners with
differentiated real estate and capital markets experiences who
bring high-caliber skills and deep industry relationships to each
investment

The firm's Partners driving each
step of an investment's lifecycle from sourcing through asset
management to disposition

A portfolio of a scale in which
each investment is important enough to affect portfolio
performance

A focus on producing profitable
results, rather than on aggregating assets